Journal of Guizhou University of Finance and Economics ›› 2026 ›› Issue (01): 54-64.

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Study Research on the Identification of Elements and Path of Digital Economy Enabling the Construction of Modern Circulation System-Analysis based on BP neural network and fsQCA

ZHANG Wukang, ZHANG Chi   

  1. School of Economics, Xi'an University of Finance and Economics, Xi'an, Shaanxi 710100, China
  • Received:2025-02-23 Published:2026-01-22

Abstract: Accelerating the empowerment of the circulation system modernization by the digital economy plays a significant role in constructing the new development pattern. Existing research has shortcomings in precisely identifying and combining key elements of the digital economy to effectively drive the modernization of the circulation system towards higher efficiency and intelligence. To address this, the article conducts an empirical study using a sample of 30 Chinese provinces from 2013 to 2022, based on the BP neural network model and fuzzy-set Qualitative Comparative Analysis (fsQCA). The results show that among the elements through which the digital economy influences the construction of a modern circulation system, digital infrastructure is the primary factor, followed by digital industrialization, with industrial digitalization ranking last, thus verifying the hypothesis. There are two types of configurational paths for the digital economy’s empowerment of the modern circulation system: high-level and low-level configurations. The high-level configurations include two promotion models: comprehensive development and "infrastructure+digital industrialization" development. The low-level configurations include three hindrance models: overall deficiency, "infrastructure+X" deficiency, and only digital infrastructure deficiency. From the configurational paths, digital infrastructure is a necessary element for the digital economy to empower the construction of a modern circulation system and a prerequisite for the digital economy to achieve effective empowerment in the construction of the modern circulation system. This study deepens the identification of elements through which the digital economy empowers the construction of a modern circulation system and proposes specific configurational paths, providing differentiated and implementable digital empowerment solutions for the government and circulation enterprises.

Key words: digital economy, modern distribution system, BP neural network, fsQCA, configurational paths

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